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Pulses: Pulse flour market to grow

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Published: October 18, 2016

By Commodity News Service Canada

Winnipeg, Oct. 18 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Tuesday, October 18.

– The value of the global market for pulse flour is expected to grow to US$56.6 billion by 2024, from US$17.0 billion, according to a report from Grand View Research in San Francisco.

– Government officials in India are considering using the postal system to distribute subsidized pulses, due to a lack of facilities in some areas.

– Number 2 Laird lentils are currently topping out at about 52 cents per pound in Western Canada, according to Prairie Ag Hotwire data. Red lentils are bid at up to 33 cents per pound.

– Green pea prices range from C$6.80 to as high as C$7.75 per bushel in Western Canada. Yellow peas range from C$6.00 to C$7.50 per bushel.

– Large calibre (10mm) kabuli chickpeas are currently seeing prices top out at 53 cents per pound in Western Canada.

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